Spacewell: Tackling The Challenging Needs Of Corporate Occupiers In A Dynamic Real Estate Market

Published 10 October 2024 by Joy Trinquet & Claire Stephens &
CPIP IWMS / CAFM Optimization Real Estate & Built Environment Space and Workplace Management Case Study

Access this research

Access all Real Estate & Built Environment content with a strategic subscription or buy this single report

Buy Subscription

Need help or have a question about this report? Contact us for assistance

Executive Summary

The integrated workplace management systems (IWMS) market has significantly evolved, driven by the shifting needs of corporate real estate executives and the rise of hybrid working models. In May 2022 Verdantix introduced connected portfolio intelligence platforms (CPIPs) as the next generation of IWMS, designed to meet the increasing demand for data-driven decision-making in real estate management. This report represents a deep-dive into Spacewell – an IWMS/CPIP provider based in Antwerp, Belgium – and the recent updates to its workplace management offering. Since May 2023 Spacewell has introduced features that improve the customization of its solution, enhance hybrid working programmes through detailed analytics, and offer simulation tools for identifying cost savings. The evolution from IWMS to CPIP will further transform how executives manage their portfolios, by bringing together portfolio-level information with real-time device data, alongside advanced analytical tools. Spacewell's latest updates serve as proof-points of how the vendor has embraced the CPIP vision.

Table of contents

Easy-to-use tools are key to space managers’ decision-making processes
Executives are seeking solutions to help optimize real estate portfolios
In response to the evolving requirements of firms, Spacewell invests in its workplace offering to help drive data-based decisions
The ongoing evolution of IWMS to CPIP will address new corporate priorities and challenges
 

Table of figures

Figure 1. Real estate executives' objectives and portfolio initiatives
Figure 2. Expected impact of technology innovation across portfolio processes
 

Organisations mentioned

Booking.com, Spacewell

About the authors

Joy Trinquet

Senior Analyst
Joy is a Senior Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on integrated workplace management systems/connected portfolio intelligence platforms (IWMS/CPIP), building systems integrators, and space and workplace management solutions. Joy joined Verdantix in 2019, having previously worked at BNP Paribas Asset Management as a business development intern. She earned a BA degree in Economics with a concentration on policy, as well as dual minors in computer science and business studies, from New York University.

Claire Stephens

Research Director, Smart Buildings
Claire Stephens is Research Director of the Smart Buildings team. With 18 years of experience in the sector, Claire is recognized as an expert in industries that make up the built environment, in particular, corporate and commercial real estate, and workplace and sustainability technologies. At Verdantix, Claire will be digging into building technology for building owners, occupiers and investors, focusing on how to support them in reaching their ESG objectives. Prior to her arrival at Verdantix, Claire launched Asia’s first corporate real estate, green building and building technology publications. She has also delivered full lifecycle real estate consultancy services covering a broad range of asset types in industries including financial services, oil and gas, pharmaceuticals, technology, consumer goods, media, retail and hospitality.

Related Reports

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.